The Clarity Act stalled. Bankers aren’t hitting the brakes yet on crypto dealmaking

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Market reaction i

Total crypto marketall crypto assets combined no single asset in the event: read against the whole market

The total crypto market rose 0.3% in the 4 hours after the first headline, after falling 0.1% in the 2 hours before.

$2.9T market cap at the headline
-0.1% 2 h before
+0.3% 4 h after
+0.9% 12 h after
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Has this happened before?

WhenWhat happenedFigure
40 days ago Crypto regulation at SEC, CFTC to come down to 3 commissioners following key resignation event 2 actors in common · 3 news media
41 days ago White House blames Democrats for Crypto Clarity Act’s Senate failure event 2 actors in common · 8 news media
42 days ago SEC and CFTC Push Forward on Crypto Rules: What Bitcoin, XRP and Altcoin Holders Must Know event 2 actors in common · 2 news media
42 days ago SEC Says Token Buybacks and Network Upgrades Don’t Automatically Make Crypto Securities event 2 actors in common · 8 news media
2 months ago SEC Clears Tokenized Stocks To Trade Onchain As CFTC Widens Software Relief event 2 actors in common · 2 news media

What could happen next i